PULS.TA WACC - Weighted Average Cost of Capital

The WACC of Pulsenmore Ltd (PULS.TA) is 13.1%.

The Cost of Equity of Pulsenmore Ltd (PULS.TA) is 13.35%.

The Cost of Debt of Pulsenmore Ltd (PULS.TA) is 13.40%.

	Range	Selected
Cost of equity	11.80% - 14.90%	13.35%
Tax rate	23.00% - 23.00%	23.00%
Cost of debt	7.00% - 19.80%	13.40%
WACC	11.2% - 15.0%	13.1%

WACC

PULS.TA WACC calculation

Category	Low	High

Long-term bond rate	4.8%	5.3%
Equity market risk premium	6.1%	7.1%
Adjusted beta	1.14	1.28

Additional risk adjustments	0.0%	0.5%
Cost of equity	11.80%	14.90%

Tax rate	23.00%	23.00%
Debt/Equity ratio	0.1	0.1
Cost of debt	7.00%	19.80%

After-tax WACC	11.2%	15.0%


Selected WACC	13.1%

PULS.TA's CAPM model and how its cost of Equity is calculated

The Cost of Equity reflects the return a company needs to deliver to shareholders to justify the risk of investing in its shares. It’s computed using the Capital Asset Pricing Model (CAPM), which blends the risk-free rate, the stock’s beta, and the market risk premium.

This method evaluates the stock’s risk compared to a safe investment and the market’s overall volatility.

Here’s how we figure out the cost of equity for PULS.TA:

cost_of_equity (13.35%) = risk_free_rate (5.05%) + equity_risk_premium (6.60%) * adjusted_beta (1.14) + risk_adjustments (0.25%)

We include the risk adjustments, which range from 0% to 1%, to keep our WACC conservatives, especially for companies traded in developing markets.